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cliff. lawmakers hope to make progress today as the clock winds down. good morning washington begins right now. live and in hd, this is "good morning washington," on your side. captioned by the national captioning institute --www.ncicap.org-- >> good morning, washington. it is monday, december 31, new year's eve. cynne simpson has the day off. let's get to jacqui jeras. cold temperatures to finish off 2012. >> it is. it still feels warm and fuzzy after the redskins victory. you're supporting that nice victory tied there, scott. our weather had line for today a pretty decent day overall. the crowds will be on the increase slowly throughout the day. temperatures, we will be at or just above the seasonal averages mid 40's. we have changes on the way, with a light rain and snow max expected for your new year's day. nothing should impact your troubles. our temperatures this morning in the '20s and a few 30's. we have 30 at reagan national. 24 at dulles. 21 in culpeper. our express forecast, looki
cliff. lawmakers hope to make progress today as the clock winds down. good morning washington begins right now. live and in hd, this is "good morning washington," on your side. captioned by the national captioning institute --www.ncicap.org-- >> good morning, washington. it is monday, december 31, new year's eve. cynne simpson has the day off. let's get to jacqui jeras. cold temperatures to finish off 2012. >> it is. it still feels warm and fuzzy after the redskins...
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Dec 31, 2012
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before the fiscal cliff. >> the senate stands in recess. >> reporter: the senate gave until tomorrow. >> there still time left to reach an agreement. >> reporter: house lawmakers headed home, dropping a command to cut social security and hope the senate sends them a deal with minimal tax hikes on the rich. >> i'm still optimistic that we can get this averted before the final hour here tomorrow. >> reporter: when the clock strikes 2013, taxes go up on most americans. huge defense cuts kick in, which some republicans claim barack obama favors. >> it's obvious the president wants us to go over the fiscal cliff. >> reporter: on "meet the press," president obama blamed republicans. >> they say their biggest priority is dealing with the deficit, but the way they're behaving is their only priority is making sure taxes don't go up on the rich. >> reporter: the senate minority leader says -- >> i'm willing to get this done. but i need a dance partner. >> reporter: enter vice president joe biden, called by mcconnell. can the senate veteran help congress stumble to a deal on the last day? if no
before the fiscal cliff. >> the senate stands in recess. >> reporter: the senate gave until tomorrow. >> there still time left to reach an agreement. >> reporter: house lawmakers headed home, dropping a command to cut social security and hope the senate sends them a deal with minimal tax hikes on the rich. >> i'm still optimistic that we can get this averted before the final hour here tomorrow. >> reporter: when the clock strikes 2013, taxes go up on most...
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Dec 30, 2012
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the fiscal cliff. the ravens lose a close game in cincinnati. what it means for our team going into the playoffs. >> we do have rain and snow in the forecast. [captioning made possible by constellation energy group] >> you are watching wbal-tv 11 news at 6:00. >> talks hit a snag in washington with president obama and house speaker john been unable to reach a deal. senate leaders stepped in to get a compromise before tomorrow's deadline. today they announced they have hit a wall. >> even if lawmakers are not running out of ideas, they are running out of time. the prospects of a fiscal cliff plunge look closer than ever today when senate talks ground to a standstill. >> i am willing to get this done. i needed dance partner. >> republicans demanded social security cuts. democrats called that a deal killer. the gop to get off the table. the deadline is monday at midnight. if no deal, taxes go up on nine out of 10 americans. potentially catastrophic spending cuts start kicking in. lawmakers spent much of t
the fiscal cliff. the ravens lose a close game in cincinnati. what it means for our team going into the playoffs. >> we do have rain and snow in the forecast. [captioning made possible by constellation energy group] >> you are watching wbal-tv 11 news at 6:00. >> talks hit a snag in washington with president obama and house speaker john been unable to reach a deal. senate leaders stepped in to get a compromise before tomorrow's deadline. today they announced they have hit a...
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Dec 29, 2012
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cliff. the president again today called on lawmakers to act before taxes automatically go up for every american and spending cuts kick in. but republicans aren't happy with the proposal the white house is offering. so on a saturday night, washington is still at a stalemate and the public is pretty clearly growing frustrated. david gregory sat down exclusively with the president today. he'll share some insight in just a moment. first we go to nbc's kristen welker at the white house on a where the talks stand. >> reporter: good evening. sources close to the talks say there is more pessimism tonight with democrats and republicans still unable to reach a compromise, particularly over the issue of taxes. but senate negotiators aren't giving up. they're still hopeful for a breakthrough before that all important tuesday deadline. with time running out, key staffers huddled behind closed doors against the backdrop of a snowy capitol trying to hammer out a last-minute deal. in his weekly address, pre
cliff. the president again today called on lawmakers to act before taxes automatically go up for every american and spending cuts kick in. but republicans aren't happy with the proposal the white house is offering. so on a saturday night, washington is still at a stalemate and the public is pretty clearly growing frustrated. david gregory sat down exclusively with the president today. he'll share some insight in just a moment. first we go to nbc's kristen welker at the white house on a where...
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Dec 29, 2012
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us from going over the fiscal cliff. but can they do it in time? >>> and family feud. a college student fed up with what she calls her meddling, overbearing parents goes to court to get them to back off. now, she has a restraining order. today, saturday, december 29, order. today, saturday, december 29, 2012. captions paid for by nbc-universal television >>> and welcome to "today" on this saturday morning. i'm erica hill. >> i'm cain for lester holt. just when you thought it was safe to go out, another storm is hitting the east coast. >> there won't be as bad as the storm that spun off tornadoes and dumped heavy snow across the northeast and the east this week. it could certainly impact holiday travel. we'll have the latest coming up in a moment. >>> also ahead, in the wake of the sandy hook school tragedy, a new plan from the controversial sheriff in arizona. he wants armed volunteers to patrol the schools there. we'll get into that debate. >>> then, we'll share with you a romance story 20 years in the making. it began
us from going over the fiscal cliff. but can they do it in time? >>> and family feud. a college student fed up with what she calls her meddling, overbearing parents goes to court to get them to back off. now, she has a restraining order. today, saturday, december 29, order. today, saturday, december 29, 2012. captions paid for by nbc-universal television >>> and welcome to "today" on this saturday morning. i'm erica hill. >> i'm cain for lester holt. just when...
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Dec 28, 2012
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the truth is the house is coming back because of the fiscal cliff. they're coming back in case there is a potential deal, in case there is something to debate and discuss. now, there are other things they can do if there is no fiscal cliff deal. namely hurricane sandy supplemental might need work, also work on the farm bill, also overdue. there are other things, plenty of business to work open, but the truth is they're coming back because of the fiscal cliff, in case there might be a deal, and also to show that they're working until the last minute. >> lisa, i love you, but you just depress me. >> oh, no! >> i know. >> have faith. have faith. honestly, it is not -- these guys are best at the last minute. i think we're far from the last minute, though it feels that way to a lot of people. especially the unemployed losing their benefits tomorrow. it is a serious matter. they're best at the last minute and they're not there yet. >> we shall see. >> try to smile. >> i'll try. i'm sure many americans are trying as well. >>> we talked about the effect of h
the truth is the house is coming back because of the fiscal cliff. they're coming back in case there is a potential deal, in case there is something to debate and discuss. now, there are other things they can do if there is no fiscal cliff deal. namely hurricane sandy supplemental might need work, also work on the farm bill, also overdue. there are other things, plenty of business to work open, but the truth is they're coming back because of the fiscal cliff, in case there might be a deal, and...
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Dec 28, 2012
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the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. there you go. the senators saying the house to act. the speaker's office saying senate has to act. there is pressure building on the president to bring both house, and senate, democratic leaders all four leaders into the white house today to bring leadership down, time is running it. let's come together. gregg: adds all new meaning to the word elementary school. ed henry, thanks very much. we're looking by the way on left-hand side of your screen live on the floor of the u.s. senate. don't you know, not much happening there. patti ann: all right. republican congressman louie gohmert is responding to those comments from senator reid that we just heard, firing back at accusations that republicans are refusing to compromise. let's listen. >> i can totally sympathize with reid's remark that he can not imagine our consciences in the house because you would have to have one to imagine ours. and he has shown repeatedly, over three years of no budget? come on. the guy has to have no conscienc
the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. there you go. the senators saying the house to act. the speaker's office saying senate has to act. there is pressure building on the president to bring both house, and senate, democratic leaders all four leaders into the white house today to bring leadership down, time is running it. let's come together. gregg: adds all new meaning to the word elementary school. ed henry, thanks very much. we're...
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Dec 28, 2012
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to try to cut a deal to avoid the so-called fiscal cliff. in just four days across-the-board spending cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. perhaps $6 per gallon. at issue is the farm bill and how much the federal government pays farmers. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. that has dad sean rasmussen worried. >> they have to have their milk. we might have to cut elsewhere. >> reporter: without new legislation government prices revert back to 1939 levels. back then the process was more laborious and farmers needed a higher subsidy to cover their costs. dan sumner says the new price of milk would be far above what it now costs dairy farmers to produce it. >> it really will be chaos. >> reporter: so we would go back to this old farm bill which would force the government
to try to cut a deal to avoid the so-called fiscal cliff. in just four days across-the-board spending cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. perhaps $6 per gallon. at issue is the farm bill and how much the federal government pays farmers. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks...
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. >>> with just four days left to avoid the fiscal cliff, congressional leaders heading to the white house this afternoon for key talks with president obama. nbc's capitol hill correspondent kelly o'donnell has more. kelly, good morning. >> reporter: good morning, willie. the top two democrats and republicans from the house and senate will sit down with the president middle of the afternoon. but we should tell you that behind the scenes the most senior staffers who have been given the task of negotiating have continued their conversations looking for ways to try to bring a deal together. while the elected officials know they need to be more visible. >> mr. speaker, we ought to be here working, addressing these challenges. >> reporter: under pressure to show up, even if there is no deal to consider, congress will work this holiday weekend. the deadline is so close, outgoing members have already packed up their offices and need to move out while the harsh tone is going nowhere. >> the american people, i don't think understand the house of representatives is operating without the house
. >>> with just four days left to avoid the fiscal cliff, congressional leaders heading to the white house this afternoon for key talks with president obama. nbc's capitol hill correspondent kelly o'donnell has more. kelly, good morning. >> reporter: good morning, willie. the top two democrats and republicans from the house and senate will sit down with the president middle of the afternoon. but we should tell you that behind the scenes the most senior staffers who have been...
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live in federal hill, linda so, abc2 news. >>> working together to get over the fiscal cliff. that's what the hope is for today and in a meeting at white house with president obama and a number of congressional leaders. if no agreement is reached, there will be across the board tax increase and deep spending cuts. members of the u.s. house are returning to dc on sunday for an emergency vote. the senate they came back yesterday. the house could be in session until january 2nd the day before the new congress is sworn in. >>> 6:47. we have been swamped with the news of the fiscal cliff but locally your property values could climb over a different sort of cliff. half a million maryland home own verse not filled out an application -- homeowners have not filled out a application for a tax credit and may miss out on free money a law requires home owners to fill out a one time application to update the data base and cut down on fraud. you can only get that credit for the main home not a rental or second home. >> i've been a home owner for over 30 years so i want my money. >> everyb
live in federal hill, linda so, abc2 news. >>> working together to get over the fiscal cliff. that's what the hope is for today and in a meeting at white house with president obama and a number of congressional leaders. if no agreement is reached, there will be across the board tax increase and deep spending cuts. members of the u.s. house are returning to dc on sunday for an emergency vote. the senate they came back yesterday. the house could be in session until january 2nd the day...
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to avoid the fiscal cliff. >>> the dow erases a 150 point decline on news that the house will be back in session on sunday evening. and time is rubbing out to avoid a strike at 14 major east coast ports. a work stoppage to cost the economy $1 billion a day. it's friday, december 28th, 2012. and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. and it does feel like we're living a bit on the edge of the fiscal cliff, at least. i'm andrew ross sorkin along with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >> widely quoted. you know who has made a comeback is ralph -- >> akampora. >> i've seen him around. do you remember his nickname? >> i don't. >> whatever you thi
to avoid the fiscal cliff. >>> the dow erases a 150 point decline on news that the house will be back in session on sunday evening. and time is rubbing out to avoid a strike at 14 major east coast ports. a work stoppage to cost the economy $1 billion a day. it's friday, december 28th, 2012. and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. and it does feel like we're living a bit on the edge of the fiscal cliff,...
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another down day as we close in on the fiscal cliff but we did come off the lows of the session after finding out the house plans to meet sunday. some hope there potentially we might get a deal. however, this morning, stock futures a little bit weak once again. important warning n warning todayap nanny which has been linked to infant death -- amazon, bye-bye baby, babies r us agreed to voluntarily stop selling it because the manufacturer is unable or unwilling to participate in the recall. that is business news at the new york stock exchange. ellen braitman reporting for wbal-tv. >> 34 degrees at the airport. he got by with a slap on the best the last time but can the ravens safety avoid a hefty five because of a controversial hit during last week's game? the latest decision is next. and here's a look at last night's maryland lottery numbers. you have them. >> good morning. sarah caldwell with a look at their friday morning commute. let's update you on the major roadways. thankfully they continue to run smoothly. a lot of folks are still off and the kids are out of school. 57 miles an
another down day as we close in on the fiscal cliff but we did come off the lows of the session after finding out the house plans to meet sunday. some hope there potentially we might get a deal. however, this morning, stock futures a little bit weak once again. important warning n warning todayap nanny which has been linked to infant death -- amazon, bye-bye baby, babies r us agreed to voluntarily stop selling it because the manufacturer is unable or unwilling to participate in the recall. that...
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the house already passed legislation to avoid the entire fiscal cliff. the senate democrats have not. now, the final point here, and this is going to -- but believe it or not, we're also talking about milk. it's not directly part of the fiscal cliff, but because congress didn't pass a farm bill this year, you have these bizarre 1949 price supports that would go back into effect unless congress can fix that. if they don't, the price you pay at the grocery store is going to skyrocket. maybe several dollars a gallon. so because of that, congress wants to make a milk fix part of any part of fiscal cliff fix if they can do one or the other before the year ends. back to you guys. >> juliet: listening to them, what senator reid says about boehner and boehner's response. they sound like they're real housewives of dc or something. >> eric: they're nowhere near a deal. i think i have this figured out. president obama came back from hits vacation saying let's see if we can get something together, knowing very well that they can't. the house and senate are so far ap
the house already passed legislation to avoid the entire fiscal cliff. the senate democrats have not. now, the final point here, and this is going to -- but believe it or not, we're also talking about milk. it's not directly part of the fiscal cliff, but because congress didn't pass a farm bill this year, you have these bizarre 1949 price supports that would go back into effect unless congress can fix that. if they don't, the price you pay at the grocery store is going to skyrocket. maybe...
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Dec 28, 2012
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last ditch effort to avoid going over the fiscal cliff. the hope is both sides can agree to a compromise to prevent the economy from sliding back into recession. judging from the rhetoric on capitol hill, there's a long way to go. here's the day on the hill. >> if we go over the cliff we'll be left with the knowledge that could have been prevented with a single vote in the republican-controlled house of representatives. the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker not allowing the vast majority of the house representatives to get what they want. >> we're coming up against a hard deadline here, and as i said, this is a conversation we should have had months ago. republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> it is somewhat like taking your child hostage and saying to somebody else, i'm going to shoot my chi
last ditch effort to avoid going over the fiscal cliff. the hope is both sides can agree to a compromise to prevent the economy from sliding back into recession. judging from the rhetoric on capitol hill, there's a long way to go. here's the day on the hill. >> if we go over the cliff we'll be left with the knowledge that could have been prevented with a single vote in the republican-controlled house of representatives. the american people i don't think understand the house of...
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stalemate of the fiscal cliff. they will attempt to reach an agreement to avoid the problem going into effect january 1st. if they don't, we will see massive tax increases and deep spending cuts. a number of economists worry the financial woes will plunge the state into a recession. the house returns later today. those lawmakers could be in session until january 2nd. that's the day before the new congress is sworn in as for the u.s. senate, they reconvened yesterday. >> we have been swamped with the news of the fiscal cliff but locally, cliff. a law was passed five years ago to require home owners to fill out a one time application to update the data base and cut out the fraud. you can only get a credit on your main home not a rental or a second home. >> i've he been a homeowner for over 30 years so i want my money. >> everybody has gotten at least two applications mailed directly a their premise address. >> so if you or someone you know foregist by the end of the dead -- forgets by the end of the deadline you will
stalemate of the fiscal cliff. they will attempt to reach an agreement to avoid the problem going into effect january 1st. if they don't, we will see massive tax increases and deep spending cuts. a number of economists worry the financial woes will plunge the state into a recession. the house returns later today. those lawmakers could be in session until january 2nd. that's the day before the new congress is sworn in as for the u.s. senate, they reconvened yesterday. >> we have been...
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Dec 28, 2012
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. >> there is some new hope for a deal to avoid going of the fiscal cliff. president obama will meet with congressional members later today. >> president obama and congressional leaders need to make progress. today's meeting at the white house could be a final opportunity. >> may be the president might make a new offer in getting toward the 11th hour of the negotiations. >> without a deal, taxes will go up on every worker and next week. et in.pending cuts sai >> the government is supposed to be working for the people and i do not see that. >> senators came back from their christmas break early. nt overblicans have bee backwards. we wanted an agreement. but we had no takers. >> we are in the same situation we it been in for a long time. we cannot negotiate with ourselves. >> house members will come back to work on sunday and will work through the new year if needed. republic and say they are willing to compromise on taxes but not more government spending. the goal is to get a deal before midnight monday. a growing number of lawmakers doubt that will happen. d
. >> there is some new hope for a deal to avoid going of the fiscal cliff. president obama will meet with congressional members later today. >> president obama and congressional leaders need to make progress. today's meeting at the white house could be a final opportunity. >> may be the president might make a new offer in getting toward the 11th hour of the negotiations. >> without a deal, taxes will go up on every worker and next week. et in.pending cuts sai >>...
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Dec 28, 2012
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. >>> what do you think about congress not reaching a deal on the fiscal cliff? do you think it is possible that i compromise will be reached before the deadline. share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may share your comments on air. >> i'm sure you all have a lot to say. we would love to hear t. >>> a big story we are following. norman schwarzkopf has died. the retired general died from come indications of pneumonia. he was given the nickname stormin' norman and best known for leading international forces in iraq against shad's invasion of kuwait in 1991678 the 78-year-old managed to live a quiet retired life in tampa and kept pretty quiet on the u.s.'s decision to go to war with iraq again. >>> also this morning, former president george h. w. bush remains in intensive care at a texas hospital this morning. his chief of staff says his family is confident the 41st president will leave the hospital but expects to be there for a while. he is battling bronchitis, a lingering fever among
. >>> what do you think about congress not reaching a deal on the fiscal cliff? do you think it is possible that i compromise will be reached before the deadline. share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may share your comments on air. >> i'm sure you all have a lot to say. we would love to hear t. >>> a big story we are following. norman schwarzkopf has died. the retired general died from...
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Dec 28, 2012
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to try to cut a deal to avoid the so-called fiscal cliff. in ten days across h board-spends cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. >> they have to have their milk. we might have to cut elsewhere. >> reporter: back then the process was more laborious and farmers needed a higher subsidy to cover their costs. dan sumner says the new price of milk will with far above what it now costs dairy farmers to produce it. >> it really will be chaos. >> reporter: so we would go back to this old farm bill which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> here's the problem. they don't want chaos. it sounds good, everybody will double or about triple t
to try to cut a deal to avoid the so-called fiscal cliff. in ten days across h board-spends cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. >> they...
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Dec 28, 2012
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rebounded today on news that the house would reconvene on the fiscal cliff after diving more than 150 points the dow bounced back to lose only 18 points. it was the fourth straight day of losses. >> i don't know there's a word to describe how -- the public is going to be. >> why california is going to take an extra hit if we go over the fiscal cliff. >>> new at 10:00, a man was critically wounded at a shooting in an east b.a.r.t. station. it happened this afternoon at the bay point station. service was interrupted for some time while police searched if station but they did not turn up a suspect. the victim only described as a male was taken to the hospital with what is being called serious injuries. >>> 1,170 people were arrested for dui statewide compared to 1,080 in 1990. in the bay area 165 people have been arrested for dui and there have been three fatal collisions. last year there were 188 arrests and no fatalities. >>> happening now, matt keller is live in fremont where a dui checkpoint is currently on the way. >> this checkpoint has been going on here on fremont boulevard for a
rebounded today on news that the house would reconvene on the fiscal cliff after diving more than 150 points the dow bounced back to lose only 18 points. it was the fourth straight day of losses. >> i don't know there's a word to describe how -- the public is going to be. >> why california is going to take an extra hit if we go over the fiscal cliff. >>> new at 10:00, a man was critically wounded at a shooting in an east b.a.r.t. station. it happened this afternoon at the...
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rebounded today on news that the house would reconvene on the fiscal cliff after diving more than 150 points the dow bounced back to lose only 18 points. it was the fourth straight day of losses. >> i don't know there's a word to describe how -- the public is going to be. >> why california is going to take an extra hit if we go over the fiscal cliff. >>> new at 10:00, a man was critically wounded at a shooting in an east b.a.r.t. station. it happened this afternoon at the bay point station. service was interrupted for some time while police searched if station but they did not turn up a suspect. the victim only described as a male was taken to the hospital with what is being called serious injuries. >>> 1,170 people were arrested for dui statewide compared to 1,080 in 1990. in the bay area 165 people have been arrested for dui and there have been three fatal collisions. last year there were 188 arrests and no fatalities. >>> happening now, matt keller is live in fremont where a dui checkpoint is currently on the way. >> this checkpoint has been going on here on fremont boulevard for a
rebounded today on news that the house would reconvene on the fiscal cliff after diving more than 150 points the dow bounced back to lose only 18 points. it was the fourth straight day of losses. >> i don't know there's a word to describe how -- the public is going to be. >> why california is going to take an extra hit if we go over the fiscal cliff. >>> new at 10:00, a man was critically wounded at a shooting in an east b.a.r.t. station. it happened this afternoon at the...
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to tackle the fiscal cliff, returning tomorrow just as the house and senate are expected to reconvene. with the way things work in washington, can anything be done before year's end? white house correspondent brianna keilar following this. what is the latest? >> reporter: it's honestly very unclear, drew, if something is going to happen. obviously we will see some actions to try to avert the fiscal cliff. president obama cutting his vacation in hawaii almost two weeks short to head back as the senate and the house reconvene and we are looking to the senate, where senate majority leader harry reid will be trying to put together a bill that can get some republican support in the senate but also and more importantly some republican support in the house, where obviously we saw negotiations fall apart with president obama last week, so we're waiting for this proposal to see kind of what shape it takes. the white house wants those bush era tax cuts on the first quarter million dollars of earnings to be preserved, that's what the white house has been pushing. it's unclear if that is going to
to tackle the fiscal cliff, returning tomorrow just as the house and senate are expected to reconvene. with the way things work in washington, can anything be done before year's end? white house correspondent brianna keilar following this. what is the latest? >> reporter: it's honestly very unclear, drew, if something is going to happen. obviously we will see some actions to try to avert the fiscal cliff. president obama cutting his vacation in hawaii almost two weeks short to head back...
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Dec 24, 2012
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all through the house, no fiscal cliff resolution, joining us from pittsburgh, tony fratto, hamilton play strategy's managing director and former white house press secretary, also a cnbc contributor. and from d.c., kiki mclean, porter novelli, who had a much better outcome for the redskins, kiki, and i -- i'm sorry, i have to start with that. i already know -- >> you have to. >> i'm not a cowboys fan -- >> oh, you are? >> yeah. >> i had to do that with tony. tony is going to say something about titletown. you always do that when i say something about pittsburgh. i'm from cincinnati. how are you going to defuse this -- >> i'm not. the thing about football, joe, is that the better team always wins. and your team played a terrific game yesterday. they made fewer mistakes. didn't score an offensive touchdown in doing it but you go to the playoffs, and i wish you great luck, actually. >> you know what? >> at least it's not baltimore. >> you know what, tony. it's obvious you're a republican strategist because you've had to give this speech a lot recently, about the better team winning, and
all through the house, no fiscal cliff resolution, joining us from pittsburgh, tony fratto, hamilton play strategy's managing director and former white house press secretary, also a cnbc contributor. and from d.c., kiki mclean, porter novelli, who had a much better outcome for the redskins, kiki, and i -- i'm sorry, i have to start with that. i already know -- >> you have to. >> i'm not a cowboys fan -- >> oh, you are? >> yeah. >> i had to do that with tony. tony...
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as fiscal cliff talks drag into the 11th hour with $600 billion in tax hikes and spending cuts due to kick in early next year, lawmakers will get back to the table later this week after house speaker john boehner's plan b failed to get enough republican support for a vote last week. >>> still, the market has been resilient. despite friday's decline, the s&p 500 posted its best week in four. and with just five trading sessions left in 2012, the dow has advanced 8% while the s&p 500 climbed 13. the nasdaq has jumped 16%. >>> reports are due this week on pending home sales. sales of new homes and a look at home prices in the nation's 20 largest cities. >>> are you still not sure what to get for the person who has everything? new retail numbers show footwear was the fifth most popular gift on shoppers' lists on black friday. a year ago, shoes didn't even make it into the top ten gifts for the season. >>> good news for hollywood. attendance by moviegoers is up more than 5.5% so far this year. ticket revenue is projected to jump by 6% by the end of 2012 which would be the industry's biggest
as fiscal cliff talks drag into the 11th hour with $600 billion in tax hikes and spending cuts due to kick in early next year, lawmakers will get back to the table later this week after house speaker john boehner's plan b failed to get enough republican support for a vote last week. >>> still, the market has been resilient. despite friday's decline, the s&p 500 posted its best week in four. and with just five trading sessions left in 2012, the dow has advanced 8% while the s&p...